Property News · September 21, 2021

Carrie Lam says Hong Kong property developers more helpful on housing, but declines to confirm report claiming Beijing making tycoons toe line


Hong Kong’s leader has said developers have been more cooperative with the government lately in trying to boost housing supply, but steered clear of directly commenting on a report claiming Beijing was piling pressure on the city’s property tycoons to back its interests.Speaking to reporters on Tuesday, Chief Executive Carrie Lam Cheng Yuet-ngor was asked if Beijing had indeed used a closed-door meeting to order local property tycoons to put their resources and influence into central government…

Source : South China Morning Post
Read more…Carrie Lam says Hong Kong property developers more helpful on housing, but declines to confirm report claiming Beijing making tycoons toe line